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Arizona Gold & Silver Inc V.AZS

Alternate Symbol(s):  AZASF

Arizona Gold & Silver Inc. is a Canada-based company junior exploration company focused on exploring gold-silver properties in western Arizona and Nevada. The Company owns Philadelphia property, Silverton Gold project, and Sycamore Canyon project. The Philadelphia Property is a high-grade gold and silver vein target located in Mohave County, northwestern Arizona and is comprised of 30 claims. The Silverton Gold Project is a Carlin-type gold exploration property located in Nye County, Nevada. The property is near the old Silverton Mine property located about 100 kilometers northeast of Tonopah, Nevada, and consists of 77 unpatented lode mining claims totaling approximately 1860 acres. The Sycamore Canyon property is located in southern Graham County, Arizona, approximately 20 miles northeast of the town of Willcox. The core of the property consists of 10 unpatented lode mining claims on United States (US) Forest Service administered public lands.


TSXV:AZS - Post by User

Comment by winr88on Dec 22, 2024 8:50pm
55 Views
Post# 36374462

RE:RE:Chart

RE:RE:Chart Hi 99942Apophis

Interesting, you made a very interesting and optimistic prediction with your Elliot Wave charting theory. I am posting another valuation theory that I have detailed in the following sentences. 
The market will value AZS based on several factors. The grade is only one factor, but the amount of gold in the ground is the primary source of valuation along with cut off grade and actual grade. When a 43-101 is performed the best result is a proven and probable resource estimate. inferred is the weakest estimate and measured and indicated also good but not like Proven & Probable. Some other factors are.... Is the location in a politically stable jurisdiction that supports mining? Location also means infrastructure as in availability of water, transportation, supplies, electrical power, labor force and very importantly how far away is milling and extraction? Then, how clean is the resource as in how easy is gold and silver extracted from the ore? How easy is the ore to be transported to a mill? Lastly, what is the spot price of gold. 10 years ago the average buyout price was averaging about $90/oz Au in the ground based on approximately $1300 oz gold. Today gold has doubled to $2600 oz gold plus. My opinion is Arizona Gold and Silver check all the above boxes positively and has the potential to be a very very attractive buyout target if oz Au in the ground becomes a multi-million oz deposit. I don't want to predict a future share price but it certainly is going to rise if drill results continue as predicted.
 

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